Tjx Companies Inc (TJX)
Consumer Discretionary · Apparel Retail · US stock · S&P 500 component
$147.33
▲ +2.75 (1.90%)
Fair valueFair
$166 +12.6% to fair value
$83fair band $116–$216$249
Day's range
$145.67 – $147.45
52-week range
$122.78 – $169.47
About Tjx Companies Inc
TJX Companies is an off-price retailer of apparel and home goods, operating chains such as T.J. Maxx, Marshalls, HomeGoods and Sierra, along with international banners. It buys branded merchandise from many vendors at reduced prices, including surplus and closeout goods, and sells it at lower prices than traditional stores. The company earns money from retail sales, and its treasure-hunt shopping style relies on constantly changing inventory.
The company reported twelve-month revenue of $62.4 billion, which expanded at 6.5% a year across the last three years. It earned an operating margin of 12.9%, and it generated a return on invested capital of 81%. Net debt to EBITDA is -0.3 times, which means the company holds more cash than debt. The dividend yield is 1.2%. The site's X-Ray Score is 57 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $122.78 – $169.47Volume 8,510,100Daily, split-adjusted
Vitals
Market cap$164.6B
52-week range$122.78 – $169.47
Volume (last day)8,510,100
P/E (TTM)27.3
EBIT / EV yield5.0%
Free-cash-flow yield3.6%
Dividend yield1.2%
Revenue (TTM)$62.4B
Net income (TTM)$6.1B
Operating margin12.9%
Return on capital80.7%
Debt incl. leases$2.9B
Cash & securities$6.0B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$166model spread $155 – $178
Fair
+12.6% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $147
Undervalued < $116Fair $116 – $216Overvalued > $216
10-year DCF (market-scaled)
$206
Peer multiples
$116
Earnings power floor (not blended)
$52
Fundamentals-adjusted multiple
$175
Growth the price implies
14.6%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Consumer Discretionary peers. Open a lens to see the numbers behind it.
Valuation
Weak
39/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield5.0%
Free-cash-flow yield3.6%
Fair value vs price1.1×
Growth
Fair
61/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)6.5%
EPS growth (3y)17.9%
Growth consistency90%
Profitability
Fair
66/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital80.7%
Operating margin12.9%
Gross profitability53.8%
Financial health
Strong
71/100
Balance sheet looks strong: debt is well covered.
See the numbers →
Piotroski F-Score7 / 9
Net debt / EBITDA-0.3×
Interest coverNo interest cost
Dividends
Weak
50/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield1.2%
Dividends vs free cash flow34%
Dividend growth11.2%
Quarterly results: last 6 quarters
+5.1%
May '25
+6.9%
Aug '25
+7.5%
Nov '25
+8.5%
Jan '26
+9.2%
May '26
+5.4%
Aug '26
Revenue against the same quarter a year earlier. Latest quarter revenue $15.2B, diluted EPS $1.36.
Fundamentals checklist
● 6 Good · ● 9 Average · ● 1 BadCash quality
Earnings backed by cashAverage
Free-cash-flow yieldBad
Risk models
Altman Z''Average
Piotroski F-ScoreGood
Growth
EPS growth (3y)Good
Free-cash-flow growth (3y)Good
Revenue growth (3y)Average
Growth consistencyAverage
Balance sheet
Current ratioAverage
Net debt / EBITDAGood
Interest coverGood
Valuation
Fair value vs priceAverage
EBIT / EV yieldAverage
Profitability
Return on invested capitalGood
Operating marginAverage
Gross profitabilityAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 57/100.
Financials
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Revenue | $48.6B | $49.9B | $54.2B | $56.4B | $60.4B |
| Operating income | $4.5B | $4.7B | $6.0B | $6.6B | $7.4B |
| Net income | $3.3B | $3.5B | $4.5B | $4.9B | $5.5B |
| Operating cash flow | $3.1B | $4.1B | $6.1B | $6.1B | $6.9B |
| Operating margin | 9.3% | 9.5% | 11.2% | 11.6% | 12.2% |
| Free cash flow | $2.0B | $2.6B | $4.3B | $4.2B | $4.9B |
| Diluted EPS | $2.70 | $2.97 | $3.86 | $4.26 | $4.87 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
11 bullish · 0 neutral · 5 bearish
Weekly
Bullish
8 bullish · 1 neutral · 3 bearish
Monthly
Strongly bullish
6 bullish · 1 neutral · 1 bearish
Moving averages (daily)
| SMA 10 | 140.6 | Bullish |
| EMA 10 | 141.1 | Bullish |
| SMA 20 | 136.2 | Bullish |
| EMA 20 | 138.0 | Bullish |
| SMA 50 | 137.3 | Bullish |
| EMA 50 | 139.0 | Bullish |
| SMA 100 | 147.2 | Bullish |
| EMA 100 | 143.5 | Bullish |
| SMA 200 | 151.1 | Bearish |
| EMA 200 | 145.7 | Bullish |
Oscillators (daily)
| RSI (14) | 74.81 | Bearish |
| MACD (12, 26) | 2.67 | Bullish |
| Momentum (12) | 11.35 | Bullish |
| Stochastic %K (14) | 99.32 | Bearish |
| Williams %R (14) | -0.68 | Bearish |
| CCI (20) | 161.1 | Bearish |
Pivot points (classic, last session)
S3 144.4 | S2 145.0 | S1 146.2 | Pivot 146.8 | R1 148.0 | R2 148.6 | R3 149.7 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
1.81 USD
Yield on today's price
1.23%
Frequency
Quarterly
Next ex-dividend date
12 Nov 2026
| Ex-dividend date | Amount per share |
|---|---|
| 12 Nov 2026 (upcoming) | 0.4800 |
| 13 Aug 2026 | 0.4800 |
| 14 May 2026 | 0.4800 |
| 12 Feb 2026 | 0.4250 |
| 13 Nov 2025 | 0.4250 |
| 14 Aug 2025 | 0.4250 |
| 15 May 2025 | 0.4250 |
| 13 Feb 2025 | 0.3750 |
| 14 Nov 2024 | 0.3750 |
| 15 Aug 2024 | 0.3750 |
| 15 May 2024 | 0.3750 |
| 14 Feb 2024 | 0.3325 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
TJX SEC filings
17 Sep 2026
8-KSEC EDGAR
Director or officer change
28 Aug 2026
10-QSEC EDGAR
Quarterly report
19 Aug 2026
8-KSEC EDGAR
Results of operations
11 Jun 2026
8-KSEC EDGAR
Shareholder vote results
29 May 2026
10-QSEC EDGAR
Quarterly report
20 May 2026
8-KSEC EDGAR
Results of operations
30 Apr 2026
DEF 14ASEC EDGAR
Proxy statement
31 Mar 2026
10-KSEC EDGAR
Annual report
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.